Statement regarding ScotWind Leasing and Russia’s invasion of Ukraine

Statement regarding ScotWind Leasing and Russia’s invasion of Ukraine

10 March 2022

Crown Estate Scotland is committed to taking all appropriate action to not support trade and investment activity with Russia.

In relation to ScotWind, the recent leasing round for commercial-scale offshore wind projects, the 17 successful applicants are mainly consortia of different project partners.

In early March, we carried out an initial check of applicants for Russian ownership and / or registration. This did not uncover any Russian ownership or registration.

We have now taken the further step of seeking formal, written assurance from all applicants and project partners involved in each of the 17 applications that they will adhere at all times to the relevant sanctions regime.*

If we do not receive sufficient assurance, we will take appropriate action.

All applicants who secure an option agreement will be required to adhere to relevant sanctions throughout the term of the agreement.

In addition, we have also asked for details of any Russian or Belarussian interests and steps that are being taken to divest of those interests.

We continue to work closely with Scottish Government to ensure we are fully informed in what is a rapidly evolving situation.

Project partners are subject to sanctions imposed by the state in which they are registered. UK registered entities will need to confirm they adhere to UK sanctions. Entities registered in another state will need to confirm that they adhere to the sanctions imposed by that state.

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